Data Shows That United States College Students Purchase More E-Books

question 57

Multiple Choice

Data shows that United States college students purchase more e-books than German college students.Assuming that all students have identical preferences for e-books and textbooks,what is the likely explanation for this result?

• A) Taxes on textbooks are higher in the United States than taxes on textbooks in Germany.
• B) Taxes on textbooks are lower in the United States than taxes on textbooks in Germany.
• C) The price of textbooks is cheaper in the United States than textbooks in Germany.
• D) Both A and C.

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Definitions:

Ethically

In a manner that follows accepted standards of moral behavior, often considered in the context of business practices.

Consequences

The results or effects that follow from specific actions or decisions.

Obligations

Duties or commitments that an individual or organization is bound to by law, contract, or moral responsibility.

Honesty

The quality of being truthful and transparent in actions, communications, and transactions.